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Investcorp Credit Management BDC

21 hedge funds and large institutions have $14.1M invested in Investcorp Credit Management BDC in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

700% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 1

500% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 2

91% more funds holding

Funds holding: 1121 (+10)

81% more capital invested

Capital invested by funds: $7.8M → $14.1M (+$6.34M)

Holders
21
Holders Change
+10
Holders Change %
+90.91%
% of All Funds
0.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
8
Reduced
1
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
U
1
UBS
Switzerland
$2.37M +$919K +65,511 +67%
GC
2
Guggenheim Capital
Illinois
$2.13M +$2.07M +147,645 New
YMRC
3
Yorktown Management & Research Company
Virginia
$1.74M +$1.69M +120,270 New
CIM
4
Confluence Investment Management
Missouri
$1.17M +$852K +60,751 +302%
Stifel Financial
5
Stifel Financial
Missouri
$1.07M +$389K +27,711 +60%
SI
6
Stephens Inc
Arkansas
$914K +$362K +25,840 +69%
RFC
7
Russell Frank Company
Washington
$879K +$916K +65,307 New
CAM
8
ClariVest Asset Management
California
$832K +$807K +57,544 New
RJA
9
Raymond James & Associates
Florida
$686K -$1.83M -130,482 -73%
Goldman Sachs
10
Goldman Sachs
New York
$403K +$391K +27,863 New
Citadel Advisors
11
Citadel Advisors
Florida
$401K +$389K +27,710 New
GCP
12
GSA Capital Partners
United Kingdom
$301K +$292K +20,841 New
OC
13
Oppenheimer & Co
New York
$290K +$80.5K +5,740 +40%
Jane Street
14
Jane Street
New York
$219K +$212K +15,105 New
Morgan Stanley
15
Morgan Stanley
New York
$212K +$204K +14,552 +15,158%
BPC
16
Banque Pictet & Cie
Switzerland
$188K +$27.2K +1,938 +18%
Millennium Management
17
Millennium Management
New York
$179K +$173K +12,348 New
Deutsche Bank
18
Deutsche Bank
Germany
$76K +$73.9K +5,267 New
GSC
19
Ground Swell Capital
South Carolina
$50K +$48.6K +3,466 New
TRCT
20
Tower Research Capital (TRC)
New York
$19K +$15.4K +1,098 +546%
BRWM
21
B. Riley Wealth Management
Tennessee
$14K +$14.1K +1,007 New
Vanguard Group
22
Vanguard Group
Pennsylvania
-$1.52M -98,288 Closed
Barclays
23
Barclays
United Kingdom
-$3K -201 Closed

ICMB Hedge Fund Activity: Q2 2014 in Review

21 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q2 2014, worth a combined $14.1M — up 81% from $7.8M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new ICMB positions and 2 closed out — a net gain of 10 holders — while 8 added to existing stakes and 1 trimmed.

The largest buyer was Guggenheim Capital, opening a new position worth an estimated $2.07M. The largest seller was Raymond James & Associates, cutting an estimated $1.83M.

  • 21 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q2 2014, up from 11 in Q1 2014.
  • Funds reported $14.1M of Investcorp Credit Management BDC stock for Q2 2014, up 81% quarter-over-quarter.
  • 12 funds opened new Investcorp Credit Management BDC positions in Q2 2014 and 2 closed out, a net change of +10 holders.
  • The largest Investcorp Credit Management BDC buyer in Q2 2014 was Guggenheim Capital, an estimated $2.07M added.
  • The largest Investcorp Credit Management BDC seller in Q2 2014 was Raymond James & Associates, an estimated $1.83M sold.

Based on aggregated 13F filings for Q2 2014.